New York mayor Eric Adams opposed the ban on cryptocurrency mining in the state – Bits Media

New York mayor Eric Adams on Monday opposed the introduction of a two-year-old moratorium on mining cryptocurrencies based on the consensus algorithm Proof-Of-Work in the state.

The corresponding document at the beginning of the month approved the upper house of the Parliament of the state of New York. However, the mayor Eric Adams (Eric Adams) considers, that such a moratorium will harm the residents and economics of the state. In an interview with Crain’s, Adams said, what will apply to the state governor for imposing a veto on the bill.

“We cannot continue to create obstacles for miners, which develop the state economy. I will ask the governor to consider the possibility of imposing a veto on the bill, which interferes with the development of the cryptocurrency industry in the state ", -said the mayor of New York.

maybe, The governor will refuse to apply a veto, since the bill is at the state ecology. At the same time, New York plans to reduce carbon dioxide emissions to 85% to 2050 year and the use of fossil energy sources for mining does not fit into this strategy. Moreover, now more than half of the energy, used by the state, get from renewable sources.

Erica Adams can be called an enthusiast cryptocurrency. Previously, he called for regulatory authorities to listen to representatives of the cryptocurrency industry to create a high -quality legislative base for the industry.